Atlas Capital Advisors Inc. Sells 13,112 Shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG)

Atlas Capital Advisors Inc. lowered its stake in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) by 21.0% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 49,220 shares of the company’s stock after selling 13,112 shares during the quarter. Atlas Capital Advisors Inc.’s holdings in Mitsubishi UFJ Financial Group were worth $577,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in the stock. Barclays PLC bought a new position in Mitsubishi UFJ Financial Group in the 3rd quarter worth $752,000. Custom Index Systems LLC bought a new position in shares of Mitsubishi UFJ Financial Group in the fourth quarter worth about $281,000. Synovus Financial Corp boosted its stake in Mitsubishi UFJ Financial Group by 24.4% during the 3rd quarter. Synovus Financial Corp now owns 301,550 shares of the company’s stock valued at $3,070,000 after purchasing an additional 59,053 shares during the period. JPMorgan Chase & Co. grew its holdings in Mitsubishi UFJ Financial Group by 41.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 258,298 shares of the company’s stock valued at $2,629,000 after buying an additional 75,997 shares during the last quarter. Finally, Dorsey Wright & Associates increased its position in Mitsubishi UFJ Financial Group by 12.0% in the 3rd quarter. Dorsey Wright & Associates now owns 403,508 shares of the company’s stock worth $4,108,000 after buying an additional 43,244 shares during the period. Institutional investors own 13.59% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, StockNews.com raised Mitsubishi UFJ Financial Group from a “sell” rating to a “hold” rating in a research report on Tuesday.

Mitsubishi UFJ Financial Group Stock Performance

NYSE MUFG opened at $11.05 on Friday. The company’s fifty day moving average is $13.10 and its two-hundred day moving average is $11.92. Mitsubishi UFJ Financial Group, Inc. has a 52-week low of $8.75 and a 52-week high of $15.03. The company has a debt-to-equity ratio of 2.06, a current ratio of 0.90 and a quick ratio of 0.92. The firm has a market capitalization of $133.29 billion, a price-to-earnings ratio of 10.13, a P/E/G ratio of 1.16 and a beta of 0.39.

Mitsubishi UFJ Financial Group (NYSE:MUFG) last released its earnings results on Tuesday, February 4th. The company reported $0.28 earnings per share for the quarter, topping analysts’ consensus estimates of $0.19 by $0.09. Mitsubishi UFJ Financial Group had a return on equity of 9.27% and a net margin of 14.19%. Equities research analysts forecast that Mitsubishi UFJ Financial Group, Inc. will post 0.99 EPS for the current year.

Mitsubishi UFJ Financial Group Profile

Mitsubishi UFJ Financial Group, Inc operates as the bank holding company, that engages in a range of financial businesses in Japan, the United States, Europe, Asia/Oceania, and internationally. It operates through seven segments: Digital Service, Retail & Commercial Banking, Japanese Corporate & Investment Banking, Global Commercial Banking, Asset Management & Investor Services, Global Corporate & Investment Banking, and Global Markets.